Showing 1 - 10 of 2,341
We develop a model where workers both choose their residential location (geographical space) and their social interactions (social space). In equilibrium, we show under which condition some individuals reside close to the job center while others live far away from it. Even though the two...
Persistent link: https://www.econbiz.de/10011294096
We investigate whether the COVID-19 pandemic decreased the willingness to pay for urban amenities such as restaurants … detailed and flexible definition of density of urban amenities based on the exact location of these amenities and the walking … distance from the apartments to these amenities. We find a decrease of 1.9 percent of apartments that we label as amenity rich. …
Persistent link: https://www.econbiz.de/10012805584
Education in Denmark is freely available. Despite near equal teacher salaries and per-pupil school expenditure across districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores. We argue that this is due to sorting of teachers...
Persistent link: https://www.econbiz.de/10014290524
We examine how interaction choices depend on the interplay of social and physical distance, and show that agents who are more central in the social network, or are located closer to the geographic center of interaction, choose higher levels of interactions in equilibrium. As a result, the level...
Persistent link: https://www.econbiz.de/10009230717
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10003898061
This paper provides a simple theory of geographical mobility which simultaneously explains people’s choice of … of production which seeks to obtain the highest possible economic return. Our theory comprehends applications to …
Persistent link: https://www.econbiz.de/10003608325
The role of amenities in the flow of migrants has been debated for some years. This paper advances an original model of … amenities that work through household production instead of directly through the utility function. Area characteristics … (amenities) affect household production, causing certain kinds of human capital investments to be rewarded more than others. Area …
Persistent link: https://www.econbiz.de/10003539346
In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the child's residential choice. Parents are partially altruistic toward their children and will provide financial help to an independent child when her income is low relative to the...
Persistent link: https://www.econbiz.de/10003300003
investment in urban amenities and "clean" means of transport, with adverse effects on commuting time. The model allows us to … and have been replaced by service workers is studied. In such an equilibrium urban amenities are at their maximum and …
Persistent link: https://www.econbiz.de/10011348302
The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...
Persistent link: https://www.econbiz.de/10010394598